So you think you have made it

So you think you have made it

Robert and Sandy are married with four children between 12 and 18. Robert is 55 years of age and is a company executive earning $350,000 per annum with share options worth 250,000. Nina is a private banker and has a renumeration package of $120,000.

All their children attended private schools and they still have a 500,000 in mortgage since they upgraded their home. The family has a very comfortable lifestyle.

On the way to a business trip, Robert did not survive the car accident. Robert’s $2 million payout ensured that Sandy could pay off the mortgage, continue the children’s education and meet all the funeral cost without any financial strain.